FMA Wealth Management LLC Has $2.57 Million Holdings in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

FMA Wealth Management LLC increased its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 202.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,024 shares of the company’s stock after buying an additional 62,908 shares during the quarter. Schwab US Dividend Equity ETF makes up 1.9% of FMA Wealth Management LLC’s holdings, making the stock its 18th biggest position. FMA Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $2,569,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Kennebec Savings Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the 3rd quarter valued at approximately $31,000. Legacy Investment Solutions LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Barrett & Company Inc. acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $34,000. Cassady Schiller Wealth Management LLC acquired a new stake in Schwab US Dividend Equity ETF during the 3rd quarter valued at $38,000. Finally, Phillips Financial Management LLC lifted its holdings in Schwab US Dividend Equity ETF by 144.8% during the 3rd quarter. Phillips Financial Management LLC now owns 661 shares of the company’s stock valued at $56,000 after purchasing an additional 391 shares during the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of Schwab US Dividend Equity ETF stock opened at $28.18 on Thursday. The business has a fifty day simple moving average of $27.69 and a two-hundred day simple moving average of $28.01. Schwab US Dividend Equity ETF has a 1 year low of $25.18 and a 1 year high of $29.72. The company has a market capitalization of $69.04 billion, a price-to-earnings ratio of 17.48 and a beta of 0.88.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.